Collaborative inventory-management strategies can reduce inventory levels throughout a value chain, the IW survey results indicate. However, the effectiveness of a given strategy varies from industry ...

Leaner inventories and tighter ordering cycles are necessary to keep costs under control. Companies may be leaning more on ...

The success of a supply chain business often relies on the effectiveness of its inventory strategy. Without a strong plan in place, companies may run shortages or end up with surplus inventory on hand ...

In healthcare, inventory management has traditionally been a back-office function. One that is necessary but seldom strategic. The phrase "materials management" reinforces that mindset. It brings to ...

For the small independent retailer, successfully managing inventory is one of the biggest keys to running a profitable and sustainable business. Unlike big-box stores, we often don’t have the cash ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. In March 2024, the world’s largest international shippers, carriers and freight forwarders ...

For dealers navigating uncertainty and transition, Accelerate and Elevate 2026 aim to provide something increasingly valuable ...

Today’s consumers are demanding a consistent omnichannel retail experience. They’re browsing and buying in brick-and-mortar stores, via mobile devices, on e-Commerce web sites, and sharing their ...

Fearful of cautious consumers this holiday season, retailers may be setting themselves up for failure in the critical Q4 period by keeping inventories too lean. Recent surveys Retail System Research ...

Perishable inventory demands attention. Specific inventory-tracking methods help with the job of managing and accounting for perishable inventory. Perishable refers to items that have an expiration ...

Discover how the just-in-time (JIT) production's reliance on exact timing and coordination can lead to costly supply and ...